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3070 Mayfield Rd
Cleveland Heights, OH 44118 Cleveland Heights

$1,250,000 USD

Freestanding For Sale  •  8,333 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 8,333 SF
  • Lot Size 0.82 AC
  • Building Class B
  • Year Built 2011
  • Cap Rate 7.32 %
  • Tenancy Single
  • Zoning C2
36 Transit Score
71 Walk Score

Highlights

-Single Tenant Dollar General (S&P BBB/Moody's Baa3)
-Attractive 7.32% CAP with Low $10.98/S.F. Below Market Replacement Rents
-2023 Remodel (2012) with original 10 Year Lease Expiring Sep 2033
-DG revenue rose over 4.6% in 2025 YOY and same store sales increased 2.5%!
-High Traffic Premier Location with Over 32,000 VPD and walkable to Starbucks!
-Just Under 8 Years of Term Remaining with Limited LL responsibilties

Property Flyers

Cap Rate: 7.32 %

Amenities

  • Signalized Intersection
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Cleveland Lakefront Station (Blue Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid), Green Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid)) 21 min - 8.9 mi
AirportDriveWalkDistance
Cleveland-Hopkins International 36 min - 19.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 23
Type: Surface
Included in Rent: Yes
Michael DiFranco 216-736-8000 DiFranco Commercial Real Estate
Michael DiFranco 216-736-8000 DiFranco Commercial Real Estate